France’s SCOR Group announced the official licensing of its Korean operations this month, and indicated it was very pleased with the rates of renewal of its Korean business. The company noted that “the treaty renewals of the SCOR Group at …
Philadelphia-based Intracorp says that it can help slow down skyrocketing workers’ compensation costs through a new suite of managed care tools designed specifically for California companies. “With medical costs in California among the highest in the nation, and workers’ compensation …
A Las Vegas woman has launched an initiative drive to roll back auto, homeowners and medical malpractice insurance rates by 20 percent and to provide an additional 20 percent reduction for good drivers. At the same time April 16, Carmen …
Governor Schwarzenegger fulfilled one of his most ambitious campaign promises April 19 signing Senate Bill 899 (Poochigian), a comprehensive workers’ compensation bill that addresses many of the major cost drivers and problems that have plagued the system and driven employers …
The Houston area far exceeds the national average in the number of serious traffic collisions, contributing to skyrocketing medical costs and giving Harris County the most expensive auto insurance rates in Texas, according to the Associated Press. County officials said …
Attorney General Mike Beebe is asking Arkansans to think carefully before purchasing scooters, small all-terrain vehicles (ATVs) or small utility vehicles. Many of the purchasers of these scooters and small ATVs are parents who buy them for their children, some …
The Council of Insurance Agents & Brokers has issued a report indicating that the commercial property and casualty market “continued to ease across most lines during the first quarter of 2004, with the average premium increases for all sizes of …
Republican Senators, led by Utah’s Orrin Hatch, plan to introduce legislation today to establish a fund of up to $124 billion to compensate victims of asbestos related diseases. The measure has been in the works for months, and not everyone …
A study by Aon, released to coincide with the RIMS conference in San Diego, has determined that an average reduction of around 10 percent has occurred in U.S. Commercial property rates. Willis and the CIAB also issued reports on current …
Bermuda’s XL Capital Ltd. announced that it plans to enter the market for primary casualty risk management programs for major U.S. corporations. The company also announced the launch of an Excess Workers Compensation Division “to provide statutory catastrophic protection to …